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Little do people know, but the secret of the law attraction is something that is far more complex than the media is making it out to be. Case in point: there are five very specific key factors that serve as the fuel and guiding light of this secret. If you want to harness the secrets power effectively, you have to get to know these key factors on a more intimate level. These factors are:

1.To make money, the secret of the law of attraction requires us to do something we really love. Focus your energy and attention on what you want to do, not what others think you must do. Just because a so-called expert says that the money is in a specific field or industry, it doesnt mean you must join the bandwagon. In order to create and deliver value to others on a consistent basis, you must do something you love. If you enjoy your work, it doesnt become work anymore. The drudgery is removed and you actually look forward to Mondays to begin another productive week. Now if you were doing something thats not right up your alley, consistency gets thrown out the window pretty quickly. So once again, do what you love. So what if others think you should be selling tacos instead of Belgian waffles? Go sell Belgian waffles and youll do great at it!

2.To make money, the secret of the law of attraction requires us to pay our debts. Its going to be hard to earn money and set aside a significant portion of it for savings if most or all of it goes to your I.O.U.s each month! The problem with many people is that they stop paying debts thinking its best to just take care of them once they start earning good income. On the contrary, any decent income you will have started earning will only go to paying the bloated interest and other penalty fees that got tacked on while the debt remained unpaid for months on end.

3.To make money, the secret of the law of attraction requires us to choose the right people. Being with the right people can open doors for us. This doesnt mean we have to morph into social climbers or gold-digging opportunists. The right people are individuals who can serve as good role models and even mentors to us. For example: you want to become a good stockbroker. You want to learn the ins and outs of the stock market but dont know where to start. You can take the first few steps by taking courses and joining professional organizations where you can meet stockbrokers who can give you tips and tricks.

4.To make money, the secret of the law of attraction requires us to wholeheartedly accept opportunities that come knocking on our doors. It is somewhat amusing that plenty of us wish for opportunities to come our way, and when they do, we get into a tizzy over whether to accept them or not. If you recognize an opportunity, grab it! Why waste time debating on whether things will work out or not? The only way you will find out is if you give it a shot! Remember: nothing ventured, nothing gained.

5.To make money, the secret of the law of attraction requires us to pay it forward. Money has a way of coming back to us plus some when we share our blessings to people who dont have much. The people you help have the potential to repay you in kind and so much more in the future. Sure, not all of the people you help will return the favor, but the ones who have a sense of gratitude and decency will reward you in good time, and so will the universe.

Knowing these five factors behind the secret of the law of attraction is the thing that can set you apart from all the other people all over the world who are trying to harness the secrets power for themselves. So, get to know these factors by heart, and always bear them in mind every chance you get. Soon enough, the power of the secret will just come to you quite naturally.

A lawyer who has not studied economics is very apt to become a public enemy” Brandeis J. Law schools do not generally teach anything about business, as opposed to business law. As a result, lawyers learn about business legal forms and contracts, but nothing about the non-legal imperatives of running a business like corporate finance, marketing, or corporate strategy. Furthermore, as members of an inherently conservative profession many lawyers resist engaging in any topic that goes beyond the four corners of their legal brief (“I only give legal advice”).

This is highly problematic for business, because every legal problem comes within a business context, and lawyers who are not willing or able to understand that context cannot give good advice; Brandeis J.s dictum is as applicable with respect to business knowledge as it is with respect to economics, and there remains a significant knowledge gap between the practice of law and the practice of business.

In some cases lawyers address this knowledge gap by specializing not only in a particular field of law but also in a particular industry, and in this way they develop industry expertise in substitution of more general business knowledge. At the same time the scale of the knowledge gap can be masked by the natural hubris of the legal professionlawyers who are at the pinnacle of every information and decision making-tree they are associated with can suffer from the illusion of knowing more, not less, than their clients.

A great deal has been written about alternatives to lawyers billing by the hour, or lawyers working from home instead of at a desk in a big law firm, but in my view these topics are relatively trivial. A much more significant topic is bringing business financial and strategy tools into the practice of law in order to develop a multi-disciplinary approach to the delivery of legal services.

In a litigation context for example the focus of lawyers should not be on winning their clients case but on solving the underlying business problemsthe disputes which were the reason clients came to them in the first place. One very simple example of this would be to compare the cost of litigation with the cost of buying the other sides companyif the two numbers bear some similarity then a rare opportunity for a litigator to participate in value creation instead of value destruction may exist.

Business clients want to know how much their case will cost, how long it will take, what the risks are, and the probable result. These four basis elementscost, risk, time, and reward, are the foundation of the financial analysis of any business proposal, and there is no reason why lawyers cannot make reasoned and reasonably reliable assessments of these elements in any given legal contextthe law is no more uncertain than many projects undertaken by business, and in many cases is substantially more certain.

Once we have attached numbers, or a range of numbers, to the four elements then we can financially model them the same way we can model any other business proposal. We can start with a simple spreadsheet comparing cost to risk-discounted reward, or add time to give a net present value calculation (which will show how high the reward would have to be to justify the risk over time, all other things being equal). Nor does it stop therewe can go on to decision tree modeling to assess the value of certain choices and options, and use sensitivity analysis or tornado diagrams to identify the assumptions in the model around which most of the risk in the model revolves; this in turn allows us to go back and further assess the assumptions.

I am aware of no lawyers anywhere in the world who consistently adopt this multi-disciplinary approach in their practices. Discovering such lawyers, and developing a framework with readers to put some flesh on the bones of this theoretical multi-disciplinary approach, is a key objective of this Journal.